WBD Networks, also known as Discovery, is a privately owned company headquartered in the United States. It operates under its parent company, Warner Bros. Discovery, having been founded in 1985 and employing approximately 35,500 individuals. The company reported $17.7B in revenue as of 2025. Focusing on entertainment, WBD Networks functions as a global broadcaster and media company. Its portfolio encompasses a wide array of brands, including Discovery Channel, HGTV, Food Network, TLC, Investigation Discovery, Travel Channel, MotorTrend, Animal Planet, Science Channel, and OWN: Oprah Winfrey Network. The company also includes the multi-platform joint venture with Chip and Joanna Gaines, Magnolia Network, in the U.S., Discovery Kids in Latin America, and Eurosport, which provides locally relevant sports programming and covers the Olympic Games across Europe. WBD Networks was previously known as Discovery, Inc.